Crypto crash unlikely to reduce its climate impact, expert says

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Enormous energy consumption has barely reduced despite $1tn being wiped off the sector

Cryptocurrencies work by validating their transactions through huge numbers of “miners”, who use their computers to solve extremely complex maths problems in exchange for the chance of getting tokens as a reward, in a highly energy-intensive process.

 

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GTCost Lectric Clothes dryers use 1000 times more energy without the humanitarian benefits of banking the unbanked. Jesus Wept indeed🤦‍♂️🤡 🌍 welcome to another enstallment of Clown World.

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